Dynasil Corporation of America (DYSL.OB) Announces Agreement to Buy Advanced Instrumentation Company
Dynasil Corporation of America (DYSL.OB), a photonics company headquartered in New Jersey, announced that the company has signed a Letter of Intent to acquire a privately-owned advanced instrumentation company. Currently, Dynasil is an $11 million manufacturer of photonics products that include optical materials, components, coatings and specialized sub-systems. The company has several offices in New Jersey, Massachusetts and Upstate New York that manufacture optical components for a broad range of applications that include display systems, optical instruments, satellite communications and lighting. The company to be acquired develops and manufactures instruments with high growth potential. These instruments are often sold into…